Reliance Confirms Ambani Succession, Files Jio DRHP as Retail Anchors Valuation Story
Reliance Industries' AGM cemented succession across the Ambani siblings while Jio Platforms filed its DRHP for a public listing. Reliance Consumer Products' FMCG push is being framed as a valuation driver ahead of Jio and Retail IPOs. Q3FY26 net profit held flat at ₹18,645 crore as retail and Jio offset O2C weakness.
Reliance AGM confirmed succession across Ambani siblings; Jio filed DRHP for IPO; RCPL FMCG positioned as valuation driver ahead of Jio and Retail listings. Q3FY26 profit flat at ₹18,645 crore as retail/Jio offset O2C weakness.